Oilfield Drilling Fluid Additives Market By Fluid Formulation & By Type 2020 | IndustryARC
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Oilfield drilling fluid additives market
Oilfield Drilling Fluid Additives Market: Fluid Viscosifiers (Cellulosics, Others) Corrosion Inhibitors (Oxides, Others) Dispersants (Ionic, Non Ionic) Biocides (Glutaraldehyde, Others) By Defoamers; By Formulation (Water, Oil, Synthetic) - Forecast (2015 - 20)
Report Code : CMR 0036
Published: 10 February, 2016   No. of pages: 179

  • Report Description
  • Table of Contents
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Oilfield drilling fluids are used in a very extensive manner in the oil and field industry and have proven to be a very crucial part of the oil drilling process. Drilling fluids are a key requirement in the vast majority of drilling operations. The main functions performed by drilling fluids are to: provide a barrier for well control; remove cuttings from the well bore as they are produced; maintain drill cuttings in suspension when drilling circulation is stopped; transmit hydraulic power to the drilling bit; maintain formation stability; maintain pressure on the formation; control fluid loss through filtration; cool and lubricate the drill bit and string; and facilitate data logging—drilling fluids characteristics need to be controlled so that logging instruments can accurately provide information about the well and formations being drilled.

The market is segmented in to various types, fluid formation along with detailed geographic analysis. The global oilfield drilling fluids market was $xx million for the year 2014 and is forecast to reach $ xx million by 2020 exhibiting a CAGR of xx. The market volume of oilfield drilling fluids is estimated to be xx KT by 2020 and poised to exhibit a CAGR of xx % through the period 2014 and 2020. 

Amidst the continuation of plunging oil prices, there is a favourable cognizance of improvement in the demand for oil. According to the monthly oil market report June 2015 of OPEC, the global oil demand is seen growing for the year 2015. The demand for oil in 2015 is forecast to grow by xx mb/day (million barrels per day), as compared to xx mb/day in 2014. On the whole an increase in oil demand would in turn induce the growth of biocides market. 

On the contrary, the supply of oil has not come down and is projected to grow by xx mb/day, according to OPEC. This in return has created a supply over demand ratio, which has induced the ceasing of many new oil wells. The U.S. which is one of the major markets for shale gas fracking has recently undergone the shutdown of approximately 200 new wells in a period of one year from 2014 to 2015. This has apparently, resulted in a humungous dip in the usage of drilling fluids, as they find their major application in oil field wells. But according to OPEC and other OECD countries this trend will not continue for long and the prices are forecast to recover soon, which consequently, would enhance the production of oil. On the whole, an increase in oil demand would in turn induce the growth of drilling fluid additives market.

Oilfield drilling fluid additives

Fluid viscosifiers hold the largest market share both in terms of volume and revenue, accounting $ xx million revenue and xx KT in terms of volume. As shown in the above figure, in terms of number of products, fluid viscosifiers had dominated the market with a share of xx %, followed by corrosion inhibitors which accounted for xx % share. BASF, Dow Chemicals, Akzo Nobel and Chevron are some of the major suppliers of fluid viscosifiers. The number of fluid viscosifiers products manufactured is more in number and at the same time the market share in terms of revenue also the highest when compared to others, with a market share of xx %, which is followed by defoamers. The main reason attributed to the highest share of fluid viscosifiers is their price, which is far less than its peers. Easy accessibility and lower price makes it the product with highest usage.

Growth in the industry is not uniform across the regions as; developed regions like Europe and North America are estimated to exhibit sluggish growth compared to other parts of the world. On the contrary, APAC and the Middle East are poised to exhibit faster growth due to the favourable macroeconomic factors and strong demand for oil. China, Saudi Arabia, UAE and Russia are the growth frontiers for the oilfield drilling fluid additives manufacturers, providing a huge market to be tapped. Saudi Arabia is estimated to grow at a CAGR of xx % during the forecast period between 2015 and 2020. China’s vast demand for energy will continue to drive the country’s exploration and development of its significant unconventional resource potential, with a particular emphasis on natural gas, and hence increasing the additives market.

The oilfield drilling fluid additives market is highly competitive due to the dominance of regional players.

The key players in the market are 
  • AkzoNobel, 
  • BASF, 
  • Chevron Philips Chemical Company, 
  • Lubrizol 
  • The Dow Chemical Company (constitutes a major share) 
These companies are adopting various growth strategies such as new product launches, expansions, partnerships and acquisitions to consolidate their market share. The companies are investing in R&D extensively to develop technically advanced unique products to differentiate from competitors and increase their market share.
1. Market Overview 
   1.1. Introduction 
   1.2. Classification 
      1.2.1. By Type 
            1.2.1.1. Fluid Viscosifiers 
            1.2.1.2. Corrosion Inhibitors 
            1.2.1.3. Dispersants 
                     1.2.1.3.1. Ionic 
                     1.2.1.3.2. non Ionic 
            1.2.1.4. Surface Modifiers 
            1.2.1.5. Defoamers 
                     1.2.1.5.1. Water 
                     1.2.1.5.2. Oil 
                     1.2.1.5.3. Silicone 
                     1.2.1.5.4. Polymer 
                     1.2.1.5.5. Alkyl Polyacrylates 
            1.2.1.6. Biocides 
            1.2.1.7. Gluteraldehyde 
            1.2.1.8. Chlorine 
            1.2.1.9. Tetrakis Hydroxymethyl Phosphonium Sulfate (THPS) 
            1.2.1.10. Others 
      1.2.2. By Fluid Formulation 
            1.2.2.1. Water Based 
            1.2.2.2. Oil Based 
            1.2.2.3. Synthetic Based 
      1.2.3. By Region 
            1.2.3.1. North America 
            1.2.3.2. Europe 
            1.2.3.3. APAC 
            1.2.3.4. The Middle-East 
            1.2.3.5. Row 
      1.2.4. Stakeholders 
2. Executive Summary 
3. Oilfield Drilling Fluid Additives – Market Landscape 
   3.1. Market Share Analysis 
   3.2. Product Bench-Marking 
   3.3. Top 5. Financial Analysis 
4. Oilfield Drilling Fluids-Market Forces 
   4.1. Driving Factors 
      4.1.1. Budding Fracking Operations in China and Rest of the World 
      4.1.2. Booming Crude Oil Production to Drive Global Demand for Oilfield Drilling Fluids 
      4.1.3. Growing Interest in Bio Based Oilfield Drilling Fluids to Propel Market Growth 
      4.1.4. Increase of Co2. Oil Recovery Technology to Fuel Market for Oilfield Drilling Fluids 
   4.2. Challenges 
      4.2.1. Environmental Concerns Pose Challenge to the Industry and Restrain Market Growth 
   4.3. Restraints 
      4.3.1. Plunge In Shale Gas Operations In The U.S. 
      4.3.2. Introduction of TOUGAS Technology in China: A New Innovation for Fracking 
   4.4. Attractiveness of Oilfield Drilling Fluids Market 
      4.4.1. Bargaining Power of Suppliers 
      4.4.2. Bargaining Power of Customers 
      4.4.3. Threat of New Entrants 
      4.4.4. Threat of Substitution 
      4.4.5. Degree of Competition 
5. Oilfield Drilling Fluid Additives - Market Strategic Analysis 
   5.1. Value Chain Analysis 
   5.2. Pricing Analysis 
   5.3. Opportunities Analysis 
      5.3.1. Russia and North America to Be Potential Huge Markets Due to Increased Exploration Activities 
   5.4. Industry Life Cycle Analysis 
   5.5. Suppliers & Distributors 
6. Oilfield Drilling Fluid Additives - Market by Fluid Formulation 
   6.1. Introduction 
   6.2. Water Based 
      6.2.1. Water-Based Fluids Are Used To Drill More Than 60% of All Wells 
   6.3. Oil Based 
      6.3.1. Shale Inhibition is one of The Key Benefits of Using an Oil-Based System 
   6.4. Synthetic Based 
      6.4.1. Due To High Biodegradability and Low Toxicity, Esters are Universally Recognized as the Best Base Fluid for Environmental Performance 
7. Oilfield Drilling Fluid Additives Market- by Type 
   7.1. Introduction 
   7.2. Fluid Viscosifiers 
      7.2.1. Barite and Specially-Treated Organophilic Bentonite are Primary Viscosifiers in Most Oil-Based Systems 
   7.3. Corrosion Inhibitors 
   7.4. Dispersants 
      7.4.1. Ionic 
      7.4.2. Non Ionic 
   7.5. Surface Modifiers 
   7.6. Defoamers 
      7.6.1. Water Based 
      7.6.2. Oil Based 
      7.6.3. Silicone Based 
      7.6.4. Polymer Based 
      7.6.5. Alkyl Polyacrylates Based 
   7.7. Biocides 
      7.7.1. Gluteraldehyde 
      7.7.2. Chlorine 
      7.7.3. Tetrakis Hydroxymethyl Phosphonium Sulfate (THPS) 
      7.7.4. Others 
8. Oilfield Drilling Fluid Additives Market-By Geography 
   8.1. Introduction 
   8.2. North America 
      8.2.1. U.S. 
            8.2.1.1. The Top Oil Refinery in the U.S. Is at Port Arthur With a Production Capacity of 600, 250. Barrels per Calendar Day
      8.2.2. Canada 
            8.2.2.1. According To BP Statistical Review, Canada Was Able to Produce 7.9% More In 2014. as Compared To 2013. 
      8.2.3. Mexico 
   8.3. Europe 
      8.3.1. Russia 
            8.3.1.1. Russian Energy Ministry Forecasts the Reduction of 2% in Their Oil Production for the Coming Years 
      8.3.2. U.K. 
      8.3.3. France 
      8.3.4. Rest of Europe 
            8.3.4.1. Norway 
                     8.3.4.1.1. Though Struggling With the Rampant Affect of Low Crude Oil Prices, Norway Would Be Back With the Production of Oil by 2019. 
   8.4. Asia-Pacific (APAC) 
      8.4.1. China 
            8.4.1.1. China Aims to Produce 6.5. Billion Cubic Meters of Shale Gas Annually By 2015, With a Recent Investment of $2.5. Billion 
      8.4.2. India 
            8.4.2.1. A Holistic Shale Gas Policy is needed by India, Which Positively Incorporate the Lessons from The Past Where Countries Became Victims of Their own Success. 
   8.5. The Middle-East 
      8.5.1. Saudi Arabia 
   8.6. Row 
      8.6.1. Brazil 
      8.6.2. Africa 
9. Company Profiles 
   9.1. AES Drilling Fluid, LLC 
   9.2. Chevron Phillips Chemical Company, LLC 
   9.3. CP KELCO U.S., Inc. 
   9.4. AKZONOBEL N.V. 
   9.5. Ashland Inc. 
   9.6. Cargill Inc. 
   9.7. CHEMIPHASE Ltd 
   9.8. BASF Se 
   9.9. CLARIANT Ag 
   9.10. Georgia-Pacific Chemicals LLC 
   9.11. IMERYS Oilfield Solutions 
   9.12. Nalco Champion 
   9.13. CRODA International PLC 
   9.14. E. I. Du Pont De Nemours And Company 
   9.15. Oilfield Chemical Company 
   9.16. Westrock Company 
   9.17. The Lubrizol Corporation 
   9.18. The Dow Chemical Company 
   9.19. Stepan Company 
   9.20. Mineral Technologies 
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
10. Appendix 
   10.1. Acronyms 
   10.2. Research Methodology 
LIST OF TABLES  
  
Table 1. Global Oilfield Drilling Fluid Additives Market, by Geography, 2014-2020 ($Million) 
Table 2. Product Benchmarking For Viscosifier Oilfield Da, by Company 
Table 3. Financials Analysis, by Top 5 Companies, 2014 ($Billion) 
Table 4. Shale Projects Inaugurated In China, 2014 
Table 5. The U.S.: New Well Oil Production PER RIG, May 2015 Vs. June 2015 (Barrels/Day) 
Table 6. Global Oilfield Drilling Fluid Additive Market Revenue, by Formulation, 2014-2020 ($Million)
Table 7. Global Oilfield Drilling Fluid Additive Market Volume, by Formulation, 2014-2020 (KT)
Table 8. Global Oilfield Drilling Fluid Additive Market Revenue, by Type, 2014-2020 ($Million)
Table 9. Global Oilfield Drilling Fluid Additive Market Volume, by Type, 2014-2020 (KT)
Table 10. Global Fluid Viscosifier Oilfield Drilling Fluid Additive Market Revenue, by Type, 2014-2020 ($Million)
Table 11. Global Fluid Viscosifiers Oilfield Drilling Fluid Additive Market Volume, by Type, 2014-2020 (KT)
Table 12. Global Fluid Viscosifier Oilfield Drilling Fluid Additive Market Revenue, by Formulation, 2014-2020 ($Million)
Table 13. Global Corrosion Inhibitor Oilfield Drilling Fluid Additive Market Revenue, by Type, 2014-2020 ($Million)
Table 14. Global Corrosion Inhibitor Oilfield Drilling Fluid Additive Market Volume, by Type, 2014-2020 (KT)
Table 15. Global Corrosion Inhibitors Oilfield Drilling Fluid Additive Market Revenue, by Formulation, 2014-2020 ($Million)
Table 16. Global Dispersant Oilfield Drilling Fluid Additive Market Revenue, by Type, 2014-2020 ($Million)
Table 17. Global Dispersant Oilfield Drilling Fluid Additives Market Volume, by Type, 2014-2020 (KT) 
Table 18. Global Dispersants Oilfield Drilling Fluid Additives Industry Revenue, by Formulation, 2014-2020 ($Million)
Table 19. Global Surface Modifiers Oilfield Drilling Fluid Additives Industry Revenue, by Formulation, 2014-2020 ($Million)
Table 20. Global Defoamer Oilfield Drilling Fluid Additives Industry Revenue, by Type, 2014-2020 ($Million)
Table 21. Global Defoamer Oilfield Drilling Fluid Additives Market Volume, by Type, 2014-2020 (KT)
Table 22. Global Defoamer Oilfield Drilling Fluid Additives Market Revenue, by Formulation, 2014-2020 ($Million)
Table 23. Global Biocide Oilfield Drilling Fluid Additives Market Revenue, by Type, 2014-2020 ($Million)
Table 24. Global Biocide Oilfield Drilling Fluid Additives Market Volume, by Type, 2014-2020 (KT)
Table 25. Global Oilfield Drilling Fluid Additives Market Volume, by Region, 2014-2020 (KT)
Table 26. Global Oilfield Drilling Fluid Additives Market Revenue, by Region, 2014-2020 ($Million)
Table 27. North America Oilfield Drilling Fluid Additives Market Volume, by Type, 2014-2020 (KT)
Table 28. North America Oilfield Drilling Fluid Additives Market Revenue, by Type, 2014-2020 ($Million)
Table 29. North America Oilfield Drilling Fluid Additives Market Volume, by Country, 2014-2020 (KT) Table 30. North America Oilfield Drilling Fluid Additives Industry Revenue, by Country, 2014-2020 ($Million)
Table 31. U.S. Oilfield Drilling Fluid Additives Industry Revenue, by Type, 2014-2020 ($Million)
Table 32. Canada Oilfield Drilling Fluid Additives Industry Revenue, by Type, 2014-2020 ($Million)
Table 33. Mexico Oilfield Drilling Fluid Additives Industry Revenue, by Type, 2014-2020 ($Million)
Table 34. Europe Oilfield Drilling Fluid Additives Industry Volume, by Type, 2014-2020 (KT)
Table 35. Europe Oilfield Drilling Fluid Additives Industry Revenue, by Type, 2014-2020 ($Million)
Table 36. Europe Oilfield Drilling Fluid Additives Industry Volume, by Country, 2014-2020 (KT)
Table 37. Europe Oilfield Drilling Fluid Additives Industry Revenue, by Country, 2014-2020 ($Million)
Table 38. Russia Oilfield Drilling Fluid Additives Industry Revenue, by Type, 2014-2020 ($Million)
Table 39. U.K. Oilfield Drilling Fluid Additives Industry Revenue, by Type, 2014-2020 ($Million)
Table 40. France Oilfield Drilling Fluid Additives Market Revenue, by Type, 2014-2020 ($Million) 
Table 41. Roe Oilfield Drilling Fluid Additive Market Revenue, by Type, 2014-2020 ($Million)
Table 42. APAC Oilfield Drilling Fluid Additive Market Volume, by Type, 2014-2020 (KT)
Table 43. APAC Oilfield Drilling Fluid Additive Market Revenue, by Type, 2014-2020 ($Million)
Table 44. APAC Oilfield Drilling Fluid Additive Market Volume, by Country, 2014-2020 (KT)
Table 45. APAC Oilfield Drilling Fluid Additive Market Revenue, by Country, 2014-2020 ($Million)
Table 46. China Oilfield Drilling Fluid Additive Market Revenue, by Type, 2014-2020 ($Million)
Table 47. India Oilfield Drilling Fluid Additive Market Revenue, by Type, 2014-2020 ($Million)
Table 48. Middle East Oilfield Drilling Fluid Additive Market Volume, by Type, 2014-2020 (KT)
Table 49. Middle East Oilfield Drilling Fluid Additive Market Revenue, by Type, 2014-2020 ($Million)
Table 50. Middle East Oilfield Drilling Fluid Additive Market Volume, by Country, 2014-2020 (KT) Table 51. Middle East Oilfield Drilling Fluid Additives Industry Revenue, by Country, 2014-2020 ($Million)
Table 52. Saudi Arabia Oilfield Drilling Fluid Additives Industry Revenue, by Type, 2014-2020 ($Million)
Table 53. Row Oilfield Drilling Fluid Additives Industry Volume, by Type, 2014-2020 (KT)
Table 54. Row Oilfield Drilling Fluid Additives Industry Revenue, by Type, 2014-2020 ($Million)
Table 55. Chevron Phillips Chemical Company- Total Revenue, 2014 – 2013 ($Billion) 
Table 56. Chevron Phillips Chemical Company: Oilfield Drilling Fluid Products and Applications 
Table 57. CP KELCO: Products & Their Applications 
Table 58. AKZONOBEL: Total revenue, 2013-2014 ($Billion) 
Table 59. AKZONOBEL N.V.: Products & Their Applications 
Table 60. Ashland Inc: Total revenue, 2013-2014 ($Billion) 
Table 61. Ashland Specialty Chemicals: Revenue, by Geography, 2013-2014($Billion) 
Table 62. Ashland Inc.: Products & Applications 
Table 63. Cargill Inc. : Total Revenue, 2013-2014 ($Billion) 
Table 64. Cargill Inc. : Products & Applications 
Table 65. CHEMIPHASE: Products & Applications 
Table 66. BASF Se: Total Revenue, 2012 - 2014 ($Billion) 
Table 67. BASF Se: Total Sales, by Geography, 2012 - 2014 ($Billion) 
Table 68. BASF Se: Products and Applications 
Table 69. CLARIANT: Total Sales, 2012 - 2014 ($Billion) 
Table 70. CLARIANT: Total Sales, by Geography, 2013-2014 ($Billion) 
Table 71. CLARIANT: Products and Applications 
Table 72. Georgia-Pacific: Products & Their Application 
Table 73. IMERYS Oilfield Solutions: Products & Their Applications 
Table 74. CRODA: Second Quarter Revenue, 2014-2015 ($Million) 
Table 75. CRODA: Total Revenue, 2013–2014 ($Million) 
Table 76. CRODA: Revenue by Geography, 2013-2014 ($Million) 
Table 77. CRODA: Products and Their Applications 
Table 78. DUPONT: Third Quarter Revenue, 2014–2015 ($Billion) 
Table 79. DUPONT: Total Revenue, 2013–2014 ($Billion) 
Table 80. DUPONT: Revenue, by Geography, 2013 - 2014($Billion) 
Table 81. Oilfield Chemical Company: Da Products and Their Functions 
Table 82. WESTROCK: Da Products and Their Applications 
Table 83. Lubrizol: Da Products and Their Applications 
Table 84. DOW:Total Revenue,2013-2014($Billion) 
Table 85. Dow: Total Revenue, by Geography 2013-2014($Billion) 
Table 86. Dow: Da Products and Its Applications 
Table 87. STEPAN: Net Sales, 2013-2014 ($Billion) 
Table 88. STEPAN: Da Products & Applications 
Table 89. Mineral Technologies: Total Revenue, 2013–2014 ($Million) 
Table 90. Mineral Technologies: Revenue by Geography, 2013-2014 ($Million) 


LIST OF FIGURES  
  
Figure 1 Oilfield Drilling Fluid Additives Classification by Type 
Figure 2 Oilfield Drilling Fluid Additives Classification by Fluid Formulation 
Figure 3 Global Oilfield Drilling Fluid Additives, by Region 
Figure 4 Oilfield Drilling Fluid Additives Market Revenue, by Types of Additives, 2014 (%) 
Figure 5 Oilfield Drilling Additive Market Share, by Key Players, 2014 
Figure 6 Shale Gas Reserves by Country, 2014 (Trillion Cubic Feet) 
Figure 7 Saudi Arabia Oil Production, (October 2014 - September 2015) BL/Day 
Figure 8 Production of Oil by Co2 Injection, U.S, 2010-2020 (‘000 Units) 
Figure 9 Oilfield Drilling Fluids Market: Porters Five Force Analysis 
Figure 10 Oilfield Drilling Fluid Additives Value Chain Analysis 
Figure 11 Bentonite Pricing Analysis, 2014 – 2020 ($/Ton) 
Figure 12 Industry Life Cycle – Oilfield Drilling Fluid Additives 
Figure 13 Worldwide Rig Counts, January- September, 2015 
Figure 14 North America Rig Counts, by Country, June 2014 vs. June 2015 
Figure 15 U.S. Rig Counts, Januray - September, 2015 
Figure 16 Middle-East Oil Production, by Country, 2006-2014 (BBL/D/1k) 
Figure 17 Middle-East Rig Count, January-September, 2015 
Figure 18 Chevron Phillips Chemical Company: Total Sales, by Business Segment, 2014 (%) 
Figure 19 AKZONOBEL: Total Revenue, by Segments, 2014(%) 
Figure 20 Ashland: Total Revenue, by Segments, 2014 (%) 
Figure 21 CARGILL Inc.: Total Revenue, by Region, 2014 (%) 
Figure 22 BASF Se: Total Revenue Share, by Business Segment, 2014 (%) 
Figure 23 CLARIANT: Total Sales, by Business Segment 2014 (%) 
Figure 24 CRODA: Revenue Share by Segment, 2014(%) 
Figure 25 DUPONT: Revenue, by Segment, 2014(%) 
Figure 26 Dow: Revenue Share, by Operating Segments, 2014 (%) 
Figure 27 STEPAN: Total Revenue, by Segment, 2014 (%) 
Figure 28 Mineral Technologies: Revenue Share by Segment, 2014(%) 
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